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Nov 24, 2012
11/12
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tax giving tax cuts to people --out melissa: talking about raising a taxes, i agreegr with you. we have to have people investing, buying, so raising taxes on anyone is then super i crazy. >> yeah, buts if you take tax increases on people spendingss less because they already got af whole bunch of money and investing in ways to get people who do not have as much to spend more, that's efficient. that makes sense. go ahead.ney. melissa: rich people spend a lot of money. >> they have the money, they are spending it.they they will not spend less because they have a marginal tax rate increase. it's not like all the sudden, you know, bloomberg or romney says we can't go to dinner next week. they will still spend money. it's a matter of saying how doho we get people who are not at that level to have conditions where th can spend. melissa: in the 80s, they lower tax rates issue and revenues go up, and revenues, 1981 to 1988, from $599 billion to $909 # billion. i'm just saying if the problem's revenue and you want more money in treasury, there seems that's a period of time we did it ti de
tax giving tax cuts to people --out melissa: talking about raising a taxes, i agreegr with you. we have to have people investing, buying, so raising taxes on anyone is then super i crazy. >> yeah, buts if you take tax increases on people spendingss less because they already got af whole bunch of money and investing in ways to get people who do not have as much to spend more, that's efficient. that makes sense. go ahead.ney. melissa: rich people spend a lot of money. >> they have the...
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Nov 26, 2012
11/12
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CSPAN2
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he said people the realize how will the people self tax. one ceo of target in phoenix, arizona he has created a museum and has put around 200 million of his own money another friend gave 400 million to a health facility in nebraska, minnesota. bill gates paid 750 million i think to fight aids. we should get rid of touch it -- taxes as much as we can see you can descend have to spend your money rather than the government if you have a certain cause if you want to support it it would be nice if you have the choice for we're headed you'll be taxed in your money taken away it is a question. do believe the government should take your money and spend it for you? forty-one to spend it for you? he went on to say actually it is a surge to tax the productive billionaire guys because of everything they do for us. look at steve jobs, bill gates the government ought to pay them. why they collect money for what they have contributed? he also talks about the 47% and how dangerous they are. so that is a very familiar concept. in a way that this super rich
he said people the realize how will the people self tax. one ceo of target in phoenix, arizona he has created a museum and has put around 200 million of his own money another friend gave 400 million to a health facility in nebraska, minnesota. bill gates paid 750 million i think to fight aids. we should get rid of touch it -- taxes as much as we can see you can descend have to spend your money rather than the government if you have a certain cause if you want to support it it would be nice if...
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Nov 24, 2012
11/12
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eye 123
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i interviewed him in february and asked about taxes, do you think rich people should pay more taxes? he said people don't realize how well the people self tax. there's a fellow who is ceo of target. recreated a museum of music. he put in $200 million of his own money. i have another friend to give $400 million to a facility in south dakota or someplace like that. look at bill gates to gave $750 million to fight aids. we should get rid of taxes as much as we can because you get to decide how you spend your money rather than the government. if you have a certain cause, an art museum and want to support it it would be nice to have the choice to support it. where we are headed you will be taxed, your money taken away and the government will support it. it is a question. do you believe the government should be taking your money and spending it for you or do you want to spend it for you. you went on to say actually, it is absurd to tax the reproductive billionaire guys because of everything they do for us. if you look at what steve jobs has done for us, what bill gates has done for society
i interviewed him in february and asked about taxes, do you think rich people should pay more taxes? he said people don't realize how well the people self tax. there's a fellow who is ceo of target. recreated a museum of music. he put in $200 million of his own money. i have another friend to give $400 million to a facility in south dakota or someplace like that. look at bill gates to gave $750 million to fight aids. we should get rid of taxes as much as we can because you get to decide how you...
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see it's a spiraling out of control situation here and it was most lead due to the lower corporate tax receipt. because the economy is shrinking due to the scandals of the banks the four horsemen of the paper apocalypse royal bank of scotland lloyds h.s.b.c. and i mention barclays so these are the four major protagonists in a tragedy called the killing of the u.k. economy and george osborne of course and you're and david cameron they're going to need the global market to buy their debt they need more debt to keep themselves afloat even though the country's gone completely into a zombie state so what is cameron doing to euro the euro zone which could be a natural buyer of his debt he's saying no no we don't want to be a part of the euro zone is antagonistic toward his men his his boss and angela merkel you know these antagonistic who's going to be buying the bonds of the u.k. to finance their economy going forward not the arrows oh no no no who's going to be buying these bonds ok are they going to sell the tower of london for ten cents on the dollar so buckingham palace for fifty billio
see it's a spiraling out of control situation here and it was most lead due to the lower corporate tax receipt. because the economy is shrinking due to the scandals of the banks the four horsemen of the paper apocalypse royal bank of scotland lloyds h.s.b.c. and i mention barclays so these are the four major protagonists in a tragedy called the killing of the u.k. economy and george osborne of course and you're and david cameron they're going to need the global market to buy their debt they...
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there's a tax this is the g.s.t. which was a seven percent tax and gold and silver has now been removed as of october and as a result the freeport city has been extended by i think fifty thousand square meters because it. looks like what this trend of wealthy people are adding to their gold and silver positions it seems strong the evidence that we have that they're doing so pretty aggressively but now so too are the big hedge funds like the george soros he has been in and out of gold he just was back in in a very big way john paulson another hedge fund who's big in gold the central bank since two thousand and nine have been net buyers of gold increasing their positions radically at the same time jan squirrels we have people who are buying bonds so there's a fair trade going on be the people are afraid of the global financial catastrophe and they're buying gold that makes sense but they're also buying bonds at three hundred year highs here in the u.k. are two hundred forty year highs in america something's got to give
there's a tax this is the g.s.t. which was a seven percent tax and gold and silver has now been removed as of october and as a result the freeport city has been extended by i think fifty thousand square meters because it. looks like what this trend of wealthy people are adding to their gold and silver positions it seems strong the evidence that we have that they're doing so pretty aggressively but now so too are the big hedge funds like the george soros he has been in and out of gold he just...
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Nov 26, 2012
11/12
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KPIX
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. >> i would be very much opposed to raising tax rates. but i do believe we can close a lot of loopholes. >> reporter: and democrats say just closing loopholes and cutting deductions isn't enough. >> you've got to raise additional revenues, including tax rates on the wealthy. >> those have to go up? >> they have to go up. >> reporter: in any deal, republicans insist on big cuts to entitlement programs like medicare and social security. now taxes are getting all the attention right now but these talks also need to address the federal debt limit. it's set by law at $16.4 trillion. the nation is already approaching the national debt of $16.3 trillion. nobody wants a repeat of that summer standoff we went through last year. >> certainly so. susan mcginness in washington this morning, thank you so much. >>> while washington is worried about the fiscal cliff it appears the average american is looking to spend. the holiday shopping season got started in record fashion thanksgiving night and the spending spree lasted through the weekend. according
. >> i would be very much opposed to raising tax rates. but i do believe we can close a lot of loopholes. >> reporter: and democrats say just closing loopholes and cutting deductions isn't enough. >> you've got to raise additional revenues, including tax rates on the wealthy. >> those have to go up? >> they have to go up. >> reporter: in any deal, republicans insist on big cuts to entitlement programs like medicare and social security. now taxes are getting...
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Nov 28, 2012
11/12
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CSPAN2
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. >> this scrap the jobs tax, enterprise the enterprise zone. that is funded one many apprenticeships, that is rebuilding our economy, that these 1 million more people in private sector work. we're putting the country back to work. their party reckitt. [shouting] >> thank you, mr. speaker. will the prime minister join me in congratulating the formula one team on winning the world championship for three years in a row? another fine example of british technological innovation. >> i'm delighted to praise and they traded to the formula one team based in his constituency, which sadly be the formula one team based in my constituency. but it is actually a remarkable fact that if you look at almost all of the formula one cars, whatever their racing in the world, that are almost all built, designed, engineered here in britain. it's an industry in which we live the world in which we should be very proud of it. >> the prime minister must have studied -- [inaudible] the future jobs and has a net benefit, and given this report, and given the youth unemployme
. >> this scrap the jobs tax, enterprise the enterprise zone. that is funded one many apprenticeships, that is rebuilding our economy, that these 1 million more people in private sector work. we're putting the country back to work. their party reckitt. [shouting] >> thank you, mr. speaker. will the prime minister join me in congratulating the formula one team on winning the world championship for three years in a row? another fine example of british technological innovation....
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Nov 26, 2012
11/12
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. >> the first of my constituency, tax due on time. revenue of four billion pounds and last year less than 1 million pounds in patents. the government has issued a claim for unpaid taxes, will he allow us to draw the wrong conclusion about whose ideas on? >> the hon. gentleman makes an important point about making sure companies make their contributions and fair tax payments and our country. we put 900 lbs. specifically into revenue to make sure we do properly get individuals to pay their taxes and yesterday i announced one of the key priorities of the g-8 which i will be sharing, in northern ireland in june of next year. and get proper international agreement paying taxes properly. >> to my right hon. friend, a preschool opening next year. one of a most deprived to provide a letter for social mobility for young people. a great tangible assets but what the government is doing in terms of education. >> very kind invitation for my hon. friend. and all of the 78 preschools that have been established over the last two years making good pro
. >> the first of my constituency, tax due on time. revenue of four billion pounds and last year less than 1 million pounds in patents. the government has issued a claim for unpaid taxes, will he allow us to draw the wrong conclusion about whose ideas on? >> the hon. gentleman makes an important point about making sure companies make their contributions and fair tax payments and our country. we put 900 lbs. specifically into revenue to make sure we do properly get individuals to pay...
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Nov 27, 2012
11/12
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FBC
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eye 136
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the payroll tax cut. will that go away, because, again, it was temporary ones, temporary twice and it will still be a higher tax. >> im so glad you brought up the amt. nobody has really been focusing on this. that would be bigger than even extending the bush tax cuts. you are talking about $2 trillion in additional taxes on americans over the next decade if we do not fix this thing. of course, it is because they have not indexed this for inflation. it reverts to the level it was in 1993 where the level would only be about $45,000. think about this. when you mention those 30 million americans, those are rich people. those are people earning 100-150,000 dollars. they will let the payroll tax rise back to where it was before they temporarily suspended it. dagen: do you think, though, bottom line, we will get higher tax rates on wealthier americans? >> it really depends on the president. the republicans have put a pretty fair deal on the table. they are willing to put a cap on deductions. a lot of conservativ
the payroll tax cut. will that go away, because, again, it was temporary ones, temporary twice and it will still be a higher tax. >> im so glad you brought up the amt. nobody has really been focusing on this. that would be bigger than even extending the bush tax cuts. you are talking about $2 trillion in additional taxes on americans over the next decade if we do not fix this thing. of course, it is because they have not indexed this for inflation. it reverts to the level it was in 1993...
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Nov 21, 2012
11/12
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CSPAN2
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eye 70
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. >> the first of my constituency, tax due on time. revenue of four billion pounds and last year less than 1 million pounds in patents. the government has issued a claim for unpaid taxes, will he allow us to draw the wrong conclusion about whose ideas on? >> the hon. gentleman makes an important point about making sure companies make their contributions and fair tax payments and our country. we put 900 lbs. specifically into revenue to make sure we do properly get individuals to pay their taxes and yesterday i announced one of the key priorities of the g-8 which i will be sharing, in northern ireland in june of next year. and get proper international agreement paying taxes properly. >> to my right hon. friend, a preschool opening next year. one of a most deprived to provide a letter for social mobility for young people. a great tangible assets but what the government is doing in terms of education. >> very kind invitation for my hon. friend. and all of the 78 preschools that have been established over the last two years making good pro
. >> the first of my constituency, tax due on time. revenue of four billion pounds and last year less than 1 million pounds in patents. the government has issued a claim for unpaid taxes, will he allow us to draw the wrong conclusion about whose ideas on? >> the hon. gentleman makes an important point about making sure companies make their contributions and fair tax payments and our country. we put 900 lbs. specifically into revenue to make sure we do properly get individuals to pay...
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Nov 25, 2012
11/12
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FBC
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eye 84
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people running aught of france because of the tax policies that are -- buying real estate in england excuse, i thought i was talking, i am sorry. and i think, i think that you can't confuse the twompt john is right. put housing policy in one thing and there is it a difference between ridency and citizenship. and to buy a house and be a resident is a different thing than citizenship those rules are different in every nation. >> we'll take a break. we want to thank imogen. >> thank you for havg me. >> one stock that keeps on climbing even if we fall off the fiscal cliff >> it is it time for what i need to know for next week. . >> we talk about al gore and the carbon tax no one is buying into it not evenlet cia. we'll see if it is taxpayer money . >> they have other issues on their books wayne rockerirings. >> you are looking for a steady stock. check out protective lights. i own it. >> like it and john what you got. >> grouchy marx. the death of apple is overexagerated. they have a great holiday season. >> they have sold a lot of stuff. >> john than what do you have this week. >> the u
people running aught of france because of the tax policies that are -- buying real estate in england excuse, i thought i was talking, i am sorry. and i think, i think that you can't confuse the twompt john is right. put housing policy in one thing and there is it a difference between ridency and citizenship. and to buy a house and be a resident is a different thing than citizenship those rules are different in every nation. >> we'll take a break. we want to thank imogen. >> thank...
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wealthy it has an economy the size of portugal's but in terms of the number in terms of the size of taxes they pay it's much more to central government than they actually get back from madrid in terms of investments in schools and hospitals so they're annoyed about that and particularly when you consider that unemployment here is around twenty five percent so if a referendum does happen i suppose you could say that you would expect people to vote in favor of it although i say that those people who are against separatism do point out that if catalonia does withdraw from spain it could also mean it has to drop out of the european union and not many people in catalonia would be in favor of that if that turns out to be the case and maybe they would prefer the status quo so there are a lot of ifs and buts but what we do know as a result of today's election there is a growing sentiment of nationalism and a sense for independence here in catalonia. that's been his prime minister mariano or a whore you want that to learn you could be expelled from the if it gains team approach independence activi
wealthy it has an economy the size of portugal's but in terms of the number in terms of the size of taxes they pay it's much more to central government than they actually get back from madrid in terms of investments in schools and hospitals so they're annoyed about that and particularly when you consider that unemployment here is around twenty five percent so if a referendum does happen i suppose you could say that you would expect people to vote in favor of it although i say that those people...
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Nov 27, 2012
11/12
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FOXNEWSW
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i have a problem on the emphasis on taxes and re-knews. that is all we have had a discussion of at this point. the way to solve our long-term debt issues as everybody in this entire town knows is by reforming entitlements. there has been so little discussion of reforming entitlement to this point, very little of it in public. back when they had negotiations the first time, the president wouldn't put anything out on paper. now you're having calls from senior democrats in both the house and the senate saying basically entitlements are off the table. we are not doing entitlement. the president at some point, serious about a deal needs to set aside his campaigning on tax issues. and get serious about entitlement issue. >> one prominent democrat did talk about entitlement issues back in 2010. pretty extensively. >> the major driver of our long-term liabilities, everybody here knows, is medicare and medicaid and the healthcare sending. nothing comes close. social security we could probably fix the same way tip o'neil and ronald reagan sat down t
i have a problem on the emphasis on taxes and re-knews. that is all we have had a discussion of at this point. the way to solve our long-term debt issues as everybody in this entire town knows is by reforming entitlements. there has been so little discussion of reforming entitlement to this point, very little of it in public. back when they had negotiations the first time, the president wouldn't put anything out on paper. now you're having calls from senior democrats in both the house and the...
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Nov 27, 2012
11/12
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KNTV
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tax rates, most democrats want tax rates for those making $250,000 a year to go up. republicans want it to stay the same, but would limit the deductions and close loopholes. there is a disagreement on who should be considered wealthy warren buffet argues that the timeline for the rich should be raised from $250,000 to $500,000. >> we have been open to revenues closed to loop holes as long as it is the tax reform that broadens the base and lowers rates. >> reporter: framing the debate, a no-new tax rate. many of the republicans signed for a group headed by the washington activist tax person, grover norquist. two prominent senate republicans indicated a willingness to break it over the weekend. but more importantly, will the house republicans feel the same way? >> i will tell you when i go to the constituents that reelected me, it is not about the pledge, but really about trying to solve problems. >> reporter: and brian, that is the problem here despite all the happy talk from senate republicans about the potential for compromising on taxes. the real action is between
tax rates, most democrats want tax rates for those making $250,000 a year to go up. republicans want it to stay the same, but would limit the deductions and close loopholes. there is a disagreement on who should be considered wealthy warren buffet argues that the timeline for the rich should be raised from $250,000 to $500,000. >> we have been open to revenues closed to loop holes as long as it is the tax reform that broadens the base and lowers rates. >> reporter: framing the...
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Nov 25, 2012
11/12
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KNTV
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rates or effective tax rates. >> reporter: tax begin this week amid tentative steps toward common ground. >> we can't go off the fiscal cliff. we have to show the world we're adults. the election is over. >> reporter: one ceo of honeywell said there's so much uncertainty hanging over the economy because business isn't confident that washington can go its basic job. he says people like me just aren't hiring. kate. >>> mike viqueira at the white house. senator john mccain softened his tone after vowing to block the nomination of u.n. ambassador susan rice to be hillary clinton's successor. he argued that rice damaged her credibility when she said the attack was a spontaneous protest to an anti-muslim video not a planned terror attack. today mccain was asked if he might change his mind about ambassador rice. >> i give everyone the benefit of explaining their position and the actions that they took. i'll be glad to have the opportunity to discuss these issues with her. >>> still ahead, sick and tired of being bullied on the road. how cyclists are taking matters into their own hands. >>> late
rates or effective tax rates. >> reporter: tax begin this week amid tentative steps toward common ground. >> we can't go off the fiscal cliff. we have to show the world we're adults. the election is over. >> reporter: one ceo of honeywell said there's so much uncertainty hanging over the economy because business isn't confident that washington can go its basic job. he says people like me just aren't hiring. kate. >>> mike viqueira at the white house. senator john...
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Nov 26, 2012
11/12
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KOFY
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>> i think we will continue to raise taxes but not raise taxes $500 billion. >> while he tries to keep republicans in line, major unions have spent $300,000 targeting democrats hoping to stop any cuts to entitlement programs. >> congressional staffers met over the holiday week. they hope to meet w with the president in the coming week. they hope to have it rapid wrapd up by christmas. >>> jimihendrix has a new album coming out. rolling stones played a rare show in london. a look at the few songs. crisp night. leigh glaser is up next with the forecast. >> i'm mike shumann, 49ers rode the arms and legs colin kapernick. kapernick. monday night debut ♪♪ you can help othersnk along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ >> ama: na
>> i think we will continue to raise taxes but not raise taxes $500 billion. >> while he tries to keep republicans in line, major unions have spent $300,000 targeting democrats hoping to stop any cuts to entitlement programs. >> congressional staffers met over the holiday week. they hope to meet w with the president in the coming week. they hope to have it rapid wrapd up by christmas. >>> jimihendrix has a new album coming out. rolling stones played a rare show in...
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Nov 26, 2012
11/12
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FOXNEWSW
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that is tax free savings that is not taxed. >> that could just be taxed a lot more next year. >> exactly if all comes to fruition. >> talk about charitable giving. the deduction could go away next year. >> charitable donations of appreciateable assets are fully deductibles. this is one of the best banks for your buck. this is something you can do before the end of the year. all of this might be going away in the new year not necessarily the appreciateable donations that could be affected by income in the new year but something to think about if you have something on hand. >> the alternative minimum tax always gets complicated. >> don't sweat it. this is the amt tax. a lot of folks worry about it they haven't had to pay it before. 34 million more american households will be subjected to this ant tax if we fall off the fiscal cliff. they are saying don't fan panic about it. that many more households affected they are likely to come to some sort of agreement by the end of the year. >> that's good nis. why should we pay for next semester's tuition before the end of the year? >> you are still
that is tax free savings that is not taxed. >> that could just be taxed a lot more next year. >> exactly if all comes to fruition. >> talk about charitable giving. the deduction could go away next year. >> charitable donations of appreciateable assets are fully deductibles. this is one of the best banks for your buck. this is something you can do before the end of the year. all of this might be going away in the new year not necessarily the appreciateable donations that...
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Nov 26, 2012
11/12
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CSPAN2
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tribes would feud with one another spilling out of the seaboard approach to in the and resulted in the tax on india. so the british found themselves pooled into the gulf during the 1800's. not to colonize it to maintain order. they did with the relatively small amount of military force. but you are right. up through the early 1870's was one of british hegemonic control over the persian golf. the aftermath of rope or two with the independence of india that the british brigade at -- began their retrenchment with the independence of india, the british lost the rationale for their military presence and their lost the money to pay for their presence there. >>host: did the americans step in because of the vacuum or because they were asked? >> the story of british control shepherding over the golf plays itself out over 20 years. in 1968 the british announced the impending withdrawal in three years the americans initially said in very it explicit terms will not replace the british. the january 1968 announcement came during the same month as the ted offensive and there was no interest anywhere on c
tribes would feud with one another spilling out of the seaboard approach to in the and resulted in the tax on india. so the british found themselves pooled into the gulf during the 1800's. not to colonize it to maintain order. they did with the relatively small amount of military force. but you are right. up through the early 1870's was one of british hegemonic control over the persian golf. the aftermath of rope or two with the independence of india that the british brigade at -- began their...
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Nov 23, 2012
11/12
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CNNW
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corporate taxes at all in 2011. do you have a comment on that? >> again, i can only say -- >> do you think that's right? >> again i can only say -- >> you're here representing your industry. >> i'm here represent -- >> you think that's right? if i'm right, do you think that's right that that happened? >> i think what is appropriate is that the cruise industry pays its taxes based on the current laws. >> i think the cruise ships are getting away with a lot and they're not paying taxes. and their ships are registered in other countries where they can, you know, get cheaper labor and they pay no taxes in this country, virtually no taxes in this country. >> carnival is incorporated in panama, royal caribbean in liberia, and princess cruises in bermuda, even though their headquarters are in florida, a source of contention for rockefeller. from 2004 to 2011, carnival paid just 1.1% in federal, state and foreign taxes, yet recorded $11.3 billion in profits. the member of the cruise line international association says no matter where a boat is registered
corporate taxes at all in 2011. do you have a comment on that? >> again, i can only say -- >> do you think that's right? >> again i can only say -- >> you're here representing your industry. >> i'm here represent -- >> you think that's right? if i'm right, do you think that's right that that happened? >> i think what is appropriate is that the cruise industry pays its taxes based on the current laws. >> i think the cruise ships are getting away...
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Nov 27, 2012
11/12
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CNBC
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they talk about taxes on national television. i know pornography when i see it. norquist made it very clear that any republican who signed the pledge, that's pretty much every republican in congress, who now balks, is someone whose career is over. to me, that meant the defectors are far and few between. as a moderate leadership cannot deliver those pledged to the norquist hardline. norquist who seems to welcome a bust on the wall of shame, used to beg for it, is more powerful than speaker john boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakehurst. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but macy's and costco, vf, coach and ralph lauren were tagged with huge losses today. i believe the holiday sales are flat-out strong. amazing numbers from apple, like a rocket since it hit the 505 level last week. terrific ipad mini sales. wasn't that a pro
they talk about taxes on national television. i know pornography when i see it. norquist made it very clear that any republican who signed the pledge, that's pretty much every republican in congress, who now balks, is someone whose career is over. to me, that meant the defectors are far and few between. as a moderate leadership cannot deliver those pledged to the norquist hardline. norquist who seems to welcome a bust on the wall of shame, used to beg for it, is more powerful than speaker john...
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127
Nov 24, 2012
11/12
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FBC
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eye 127
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we will not see it unless we raise taxes. >> of course, you don't get growth if you raise tax rates. california and other states the top rate is approaching 50% of business has as much incentive to fire somebody to get a lower cost than to hire somebody to create revenue. hik experi extemporaneous experimentment, california bringing tax levels will we see california aztek merionthe a the coal mine when it comes3 to economic growth in the an ability to support thefleein ever-growing government? >> it is a microcosm what happens to countries that raise their tax rates and entrepreneurs we and welfared recipients come in and there is the unsustainable state of affairs. need while they destroy silicon valley with ultimately our potential. angling foer that everybody is singling for green subsidies and it is a tragedy. >> and the money that hasby this been spent as venture money like solyndra has beendisastrou. disastrous. >> they are a stultifying to dea turn people into a than him uppt blubbering idiot t. >> he now wants us to support him rather than support the country. lou: he is bein
we will not see it unless we raise taxes. >> of course, you don't get growth if you raise tax rates. california and other states the top rate is approaching 50% of business has as much incentive to fire somebody to get a lower cost than to hire somebody to create revenue. hik experi extemporaneous experimentment, california bringing tax levels will we see california aztek merionthe a the coal mine when it comes3 to economic growth in the an ability to support thefleein ever-growing...
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184
Nov 28, 2012
11/12
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CNBC
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go up, dividend tax rates, personal tax rates, corporate tax rates go up, that that itself will cause economic weakness. what do you say to that? how are we supposed to balance the risks of doing things to avoid the fiscal cliff that may also hurt growth? >> one way or the other, there is a problem. if you kick the fiscal cliff down the road, then, you know, you're talking about the u.s. running deficits close to 4% to 5% over the next decade and that's cbo forecasts. if that occurs, you're talk about the debt getting more and more out of control. because the u.s. is the global reserve council, it's reliant on global reserve investment. >> just want to make sure that people have enough treasuries to trade. that's all it's about, charles. isn't that very generous? >> it is very generous. but left unaddressed, the fiscal problem is beginning to be a problem. but equally they don't want the full hit at this stage. so it is a matter of coming to some compromise, so you are going to have to see some kind of adjustment on the taxation side. that is what everyone is hopeful for. but it's sti
go up, dividend tax rates, personal tax rates, corporate tax rates go up, that that itself will cause economic weakness. what do you say to that? how are we supposed to balance the risks of doing things to avoid the fiscal cliff that may also hurt growth? >> one way or the other, there is a problem. if you kick the fiscal cliff down the road, then, you know, you're talking about the u.s. running deficits close to 4% to 5% over the next decade and that's cbo forecasts. if that occurs,...
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Nov 21, 2012
11/12
by
CSPAN2
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we got to simplify and realize the court -- realine the corporate tax code. everybody agrees. in fact, we just did a survey of -- that included lots of members of the general public, not business leer, not a kind -- business leaders, but the general public, and 70% of the general public believe that we need to simplify the corporate tax code. that's how deep the understanding of the problem is. we can't have a tax code that's complex and higher rates and more complexity than any other place in the world. we have to move on that. >> four, five, and six. >> address distortions in the international trading system that really hurt a high service, high innovation, high technology economy like the u.s.. we didn't worry about those so much when we did well, but now they are really getting in the way of making progress. we got to reduce regulatory complexities, not dumb down the regulation, not eliminate regulation, but go through the process in a simple leer -- lempleer -- simpler way. this is the number one thing said the biggest barrier to investing in the u.s.. we got to upgrate t
we got to simplify and realize the court -- realine the corporate tax code. everybody agrees. in fact, we just did a survey of -- that included lots of members of the general public, not business leer, not a kind -- business leaders, but the general public, and 70% of the general public believe that we need to simplify the corporate tax code. that's how deep the understanding of the problem is. we can't have a tax code that's complex and higher rates and more complexity than any other place in...
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Nov 26, 2012
11/12
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KBCW
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credit card for more than $100,000 in personal expenses, that he owed them more than $300,000 in back taxes. >> i don't think that with his is the past history that he should be preaching at all. you needed papers to take over the church. >> reporter: they are also a reporter for the san francisco post. >> it is kind of like a brief altercation, like a squirmish, i don't know if it was shoving or anything. >> reporter: but the issue is now under consideration. he has been back since once. >> now, will it be awkward around here? >> most definitely, but we're hoping it will not happen. >> in san francisco, cbs 5. >>> well lining up for sweet memory. >>> i need my twin cays. i come together for my twin cays. >> what happens when a florida hostess store is going out of business fails. >>> moving up the ranks. some lawmakers are sacrificing for a new title. >>> and it's not over until the skinny guy sings. the rolling stones at a new milestone in london. >>> it's been a great travel day. it's our long holiday weekend, that will now come to a close. but we have big changes, rain and a lot of it.
credit card for more than $100,000 in personal expenses, that he owed them more than $300,000 in back taxes. >> i don't think that with his is the past history that he should be preaching at all. you needed papers to take over the church. >> reporter: they are also a reporter for the san francisco post. >> it is kind of like a brief altercation, like a squirmish, i don't know if it was shoving or anything. >> reporter: but the issue is now under consideration. he has...
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Nov 24, 2012
11/12
by
CSPAN
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eye 95
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taxes, not your sales taxes or excise taxes. no tax increases. in 2010, august 8, starting in grand junction, colorado, he started to say and repeated verbatim again and again, my plan is that if you earn less than $250,000, i will not raise your income taxes next year. two changes in his promise that did not get talked about on cbs, nbc, cnn, or any of the networks. he just announced that he can do an energy tax tomorrow and not have broken his word. an energy tax, wacking the middle class. he could raise income taxes on people a year from now. which is why what he wanted to do is kick out the bush rates for those making less $250,000 a year. this is where you talk about the dual mandate. we are talking about marginal tax rates, higher income people and successful small businesses. that raises $400 billion -- there are other taxes, in addition to the rate increases he wants to include. over a decade. he has $800 billion he plans to raise from higher income people. the size of the debt -- if he gets that, in his budget, assuming
taxes, not your sales taxes or excise taxes. no tax increases. in 2010, august 8, starting in grand junction, colorado, he started to say and repeated verbatim again and again, my plan is that if you earn less than $250,000, i will not raise your income taxes next year. two changes in his promise that did not get talked about on cbs, nbc, cnn, or any of the networks. he just announced that he can do an energy tax tomorrow and not have broken his word. an energy tax, wacking the middle class. he...
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168
Nov 25, 2012
11/12
by
KBCW
tv
eye 168
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they're saying they re not g to raise taxes? so . >>> new questions about super majority for the democrats in sacramento as the new legislative session is about the begin. what is 2 next move is this. >> they say they are not raising taxes. we have heard that before. what are they going to be doing? the labor unions and other special interest that is back the super majority claim to fame are not going to goodie up the power. >> not after spending $100 million to make sure prop 30 and passed and prop 32 didn't pass. number one, they will make it more difficult for municipalities. number 2 increasing environmental regulations. number 3 possibly the initiative process to make it more difficult for a single individual. legislation for a single individual to put things on the ballot. >> so, basically what the democrats have the option of doing is rewriting the rule, whether it is municipal bankruptcy to protect the contracts of firefighters, police and such and environmental regulations, or the initiative prosthesis. >> all those are
they're saying they re not g to raise taxes? so . >>> new questions about super majority for the democrats in sacramento as the new legislative session is about the begin. what is 2 next move is this. >> they say they are not raising taxes. we have heard that before. what are they going to be doing? the labor unions and other special interest that is back the super majority claim to fame are not going to goodie up the power. >> not after spending $100 million to make sure...
SFGTV2: San Francisco Government Television
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Nov 28, 2012
11/12
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SFGTV2
tv
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we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
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Nov 28, 2012
11/12
by
FOXNEWSW
tv
eye 130
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we do it through the tax code but the tax code, we are a good example. we are not rich but we are trying to get rich and the tax code goes after those that are trying to get rip. >>neil: isn't california just approved two tax hikes sales and income on your very group. so that is a triple whammy. >>guest: you have to be wired differently to do business in california. you have to extra extra drive. >>neil: why do you do it? >>guest: the weather. >>neil: i will agree with you there. >>guest: our business has to have good weather. we can keep our employees employed year round because it sunny and warm and almost throughout the year, december and january are the exceptions. >>neil: when you say defer deferring to december and january -- let me ask you, if your husband says your business is picking up, that would speak to what the president is saying and to could be the wind at your back? >>guest: i know how hard he works and --. >>neil: your husband? >>guest: yes. >>neil: in the you were talking about your husband? ing he works six days a week and he has done
we do it through the tax code but the tax code, we are a good example. we are not rich but we are trying to get rich and the tax code goes after those that are trying to get rip. >>neil: isn't california just approved two tax hikes sales and income on your very group. so that is a triple whammy. >>guest: you have to be wired differently to do business in california. you have to extra extra drive. >>neil: why do you do it? >>guest: the weather. >>neil: i will agree...
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Nov 22, 2012
11/12
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CSPAN2
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eye 149
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give everybody $50 of their taxes that they're going to pay or give them a tax credit if they don't pay taxes, and let them spend that $50 on any candidate that they want or on any party they want. and they can add $100 to that, um, if they -- with their own money if they want. if they don't specifically earmark their money for a candidate or a party, then that $50 goes to the party they're registered with, um, and if they aren't registered with the party, it goes to support the mechanics of the elections. and any candidate, that would create this giant pool of money. and any candidate who wanted some of that money would be able to get it as long as they, basically, swore off any other kind of funding. so it would be entirely opt-in, but it'd be so much money that people would opt into it. and that would have this process of diversifying the greater number of contributors financially to the campaigns, which would be great, and it would mean that, you know, people weren't just sitting there chasing big donors and having all these cocktail parties and big benefits all the time which is a
give everybody $50 of their taxes that they're going to pay or give them a tax credit if they don't pay taxes, and let them spend that $50 on any candidate that they want or on any party they want. and they can add $100 to that, um, if they -- with their own money if they want. if they don't specifically earmark their money for a candidate or a party, then that $50 goes to the party they're registered with, um, and if they aren't registered with the party, it goes to support the mechanics of...
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Nov 21, 2012
11/12
by
KRCB
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in june he voted against a government plan to raise the consumption tax. the party responded by suspending his membership for three months. he became prime minister in 2009 after leading the democratic party to victory in the lower house election. he could not keep his promise to relocate the u.s. marine corps air station outside japan or at least outside okinawa prefecture, so he resigned in 2010. his government eventually agreed with the u.s. to move the facility to nago okinawa and that was similar to one signed in 2006 when the liberal democratic party held the reins of government. >>> north korean officials are trying to drum up more foreign investment. once again they turned to their main ally china and invited the heads of 40 chinese companies for a week long industrial tour. north krooe's foreign shechlt committee keeps a permanent office in beijing. it is headed by the you thinkel and mentor of leader kim jong un. the office invited the chinese executives to tour mines and lumber mills in and around pinyany. they're already active in north korea a
in june he voted against a government plan to raise the consumption tax. the party responded by suspending his membership for three months. he became prime minister in 2009 after leading the democratic party to victory in the lower house election. he could not keep his promise to relocate the u.s. marine corps air station outside japan or at least outside okinawa prefecture, so he resigned in 2010. his government eventually agreed with the u.s. to move the facility to nago okinawa and that was...
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Nov 27, 2012
11/12
by
CNBC
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that might entail a step drop because at the moment we're giving these tax breaks, but we're doing it out of our saving. >> but the point isn't just that we have to restore a higher level perhaps of taxes and lower level of spending than we might like. the problem with the u.s. is it gets into that ideological dispute over whether the way to do that should be by cutting spending and raising taxes. so there is an actual sort of fundamental disagreement that underpins this sense of knee jerk -- >> why have we had to do this? we've had to borrow money and cut people 00 taxes and spend more on social services because the underlying private sector economy completely ran out of steam. it ran out of steam because it needs the banking system to feed off. it needs access to trade credit, to business finance, et cetera. and so when the banking system suddenly said we've got another imperative for us the next few year, we'll have to rebuild our balance sheets, the private sector is temply cut off and drifts. so the public sector has to step in. so what we're really discussing is the private sect
that might entail a step drop because at the moment we're giving these tax breaks, but we're doing it out of our saving. >> but the point isn't just that we have to restore a higher level perhaps of taxes and lower level of spending than we might like. the problem with the u.s. is it gets into that ideological dispute over whether the way to do that should be by cutting spending and raising taxes. so there is an actual sort of fundamental disagreement that underpins this sense of knee...
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Nov 21, 2012
11/12
by
FBC
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tax hikes are not income tax hikes, they are taxes on investment. the taxes are dramatic and will dramatically change how people think about investing but it does not seem to me like anybody is really thinking about it yet. >> i have been surprised at ho slow this has dawned on the market. now they seem more focused, but i think missing the fact is they have targeted vestment, 3.8% investnt inco, there are potential for higher income taxes anthose tax hikes are layered on top of the peer financial market effects. we did not have the 2008, this is a very dangerous combination. they'r really out of luck. gerri: talk about recession. you also have to talk about what ppens to the average american psyche if the they're faced with increasing income taxes dramatically so. these are taxes across the board, and investing in texas, where is incentive to work, where is the incentive to invest, get up off the couch? speak of these are dramatically antigrowth policies at a ti when growth has to be at a premium,e are going exactly wrong direction. the really frig
tax hikes are not income tax hikes, they are taxes on investment. the taxes are dramatic and will dramatically change how people think about investing but it does not seem to me like anybody is really thinking about it yet. >> i have been surprised at ho slow this has dawned on the market. now they seem more focused, but i think missing the fact is they have targeted vestment, 3.8% investnt inco, there are potential for higher income taxes anthose tax hikes are layered on top of the peer...